Motorway eyes first profit as Premier League deal grows customer base Motoring Motorway is on the cusp of turning its first profit a decade after launch, as the used car marketplace looks to the Premier League to expand its customer base. The tech firm’s co-founder and chief executive, Tom Leathes, said he expects to hit profitability as soon as 2026 after years of consecutive eight-figure losses as [...]
TNT Sports loses almost £190m since BT Sport rebrand Media TNT Sports, the broadcasting giant co-owned by BT and Warner Bros Discovery, lost almost £190m during its latest financial year, it has been revealed. The business, which rebranded from BT Sport in 2023, has posted a pre-tax loss of £187.5m for the 12 months to 31 July, 2024, new accounts filed with Companies House show. [...]
Sport facing ‘tipping point’ as youth ditch live coverage Sport Business The sport industry is at “a tipping point” due to declining interest in watching live sport among young people, experts have warned. Two thirds of global sports executives are concerned that a shift amongst younger fans from live sport to highlights and documentaries could damage the commercial value of the industry, according to Altman Solon’s [...]